Mr. Murray Mullen reports

MULLEN GROUP LTD. ANNOUNCES DECLARATION OF MONTHLY DIVIDEND

Mullen Group Ltd. has declared a monthly dividend of four cents per common share, payable to the holders of record of common shares at the close of business on Jan. 31, 2021. The dividend will be paid on Feb. 16, 2021.

For Canadian resident shareholders, this dividend is designated as an eligible dividend for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.

About Mullen Group Ltd.

Mullen Group is a logistics company that owns a network of independently operated businesses. The corporation is recognized as one of the leading suppliers of trucking and logistics services in Canada, providing a wide range of service offerings, including: less-than-truckload, truckload, warehousing, logistics, transload, oversized and specialized hauling transportation. In addition, it provides a diverse set of specialized services related to the energy, mining, forestry and construction industries in Western Canada, including: water management; fluid hauling; and environmental reclamation. The corporate office provides capital and financial expertise, legal support, technology and system support, shared services and strategic planning to its independent businesses.